3. Suppose you are the party who can avoid a particular external effect at the lowest cost....

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3. Suppose you are the party who can avoid a particular external effect at the lowest cost. Why might you favor a general rule that assigns liability to whichever party can avoid damage at the lowest cost?

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Microeconomics And Behavior

ISBN: 9780073375946

8th Edition

Authors: Robert Frank, David Colander

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Question Posted: Oct 09, 2024 08:00 AM

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3. Suppose you are the party who can avoid a particular external effect at the lowest cost....

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Microeconomics And Behavior

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